NOT LISTED FOR SALE

1247 Las Palmas Dr Santa Clara, CA 95051

Estimated Value: $1,919,000 - $2,057,000

3 Beds
2 Baths
1,414 Sq Ft
$1,422/Sq Ft Est. Value

Last Sold February 15, 2018

Last sale price $1,600,000 $1,132 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $12,325/month

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Marble Bathroom Countertops
  • Central Park Elementary Rated A
  • Marble Flooring
  • Quartz Countertops

About This Home

As of February 2018

Beautiful Single Family Home Located in Santa Clara. Just completed remodeling with City Permit, Beautiful kitchen with Italy porcelain backsplash, quartz counter top,porcelain floor, stainless steel appliances. New crown molding/base board, gas line, sewer line, copper pipe plumbing, electrical, upgrade electrical panel, texture, interior/exterior paint, LED recessed lighting, interior/exterior lighting, beautiful chandeliers, hardwood floor through out, Spain porcelain floor in kitchen & family room, marble floor in bathroom, presidential composition roof. Dual pane windows & bay window, Cat-5E and cable pre-wire, professionally landscaped, front ledger stone elevation, stamp concrete. Convenience location & much more!

Last Agent to Sell the Property

Richy Tran

Tera Real Estate License #01502808 Listed on: 01/18/2018

Tera Real Estate

Last Buyer's Agent

Wei Zhang

Realty One Group - World Properties License #02034088

Realty One Group - World Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,886

Year Built

  • Built in 1954

Lot Details

  • 5,415 Sq Ft Lot
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,414 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry in Garage

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 290-07-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,886

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Property Condition: Built / Remodeled Green
  • Age: 64
  • Listing Class: Residential
  • Structure Sq Ft: 1414
  • Year Built: 1954
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Hookups - Gas, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1414
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Hardwood, Marble, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Marble, Primary - Stall Shower(s), Shower over Tub - 1, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • Yard/Grounds: Sprinklers - Auto
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sewer in Street

Association/Amenities

  • Amenities Miscellaneous: Skylight, Vaulted Ceiling

Schools

  • School District: Santa Clara Unified
  • Elementary School: Pomeroy Elementary
  • Middle School: Juan Cabrillo Middle
  • High School: Santa Clara High
  • High School: 408
  • Elementary School: 398
  • Middle School: 405

Lot Info

  • Parcel Number: 290-07-020
  • Lot Acres: 0.1243
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5414.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5414.00

Green Features

  • Energy Features: Double Pane Windows, Insulation - Per Owner, Skylight

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Santa Clara Unified
  • Elementary School Text: Pomeroy Elementary
  • High School Text: Santa Clara High
  • Middle School Text: Juan Cabrillo Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2018
Closed on
Feb 9, 2018
Sold by
Tt Investments Properties Llc
Bought by
Lu Lu and Wu Bei
Seller's Agent
Richy Tran
Tera Real Estate
Buyer's Agent
Wei Zhang
Realty One Group - World Properties
List Price
$1,398,000
Sold Price
$1,600,000
Premium/Discount to List
$202,000
14.45%
Current Estimated Value
$2,010,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,142
Avg. Annual Appreciation
3.02%
Original Mortgage
$1,147,500
Outstanding Balance
$962,645
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,047,497

Purchase Details

Closed on
Jul 21, 2017
Sold by
Inouye Douglas Masao and Futamura Akiko
Bought by
Tt Investment Properties Llc

Purchase Details

Closed on
Jan 15, 2016
Sold by
Inouye Douglas Masao
Bought by
Inouye Douglas Masao and Futamura Akiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,700
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2004
Sold by
Inouye Douglas Masao and Sueoka Sandra Hitomi
Bought by
Inouye Douglas Masao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,310
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2003
Sold by
Inouye Douglas Masao
Bought by
Inouye Douglas Masao and Sueoka Sandra Hitomi

Purchase Details

Closed on
Feb 2, 2002
Sold by
Rosengren Eric C and Rosengren Leticia M
Bought by
Inouye Douglas Masao and Sueoka Sandra Hitomi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lu Lu $1,600,000 Orange Coast Title Co
Tt Investment Properties Llc $1,245,000 Orange Coast Title Co Norcal
Inouye Douglas Masao -- Servicelink
Inouye Douglas Masao -- Orange Coast Title
Inouye Douglas Masao $28,500 Fidelity National Title Co
Inouye Douglas Masao $540,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Lu $1,147,500
Previous Owner Inouye Douglas Masao $501,700
Previous Owner Inouye Douglas Masao $434,310
Previous Owner Inouye Douglas Masao $432,000
Closed Inouye Douglas Masao $53,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2018 02/15/18 Sold $1,600,000 +14.4% $1,132 / Sq Ft
01/19/2018 01/19/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $1,398,000 -- $989 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,886 $1,820,523 $1,365,393 $455,130
2024 $19,886 $1,700,000 $1,300,000 $400,000
2023 $16,560 $1,400,000 $1,050,000 $350,000
2022 $20,310 $1,715,522 $1,286,642 $428,880
2021 $20,233 $1,681,885 $1,261,414 $420,471
2020 $19,867 $1,664,640 $1,248,480 $416,160
2019 $19,840 $1,632,000 $1,224,000 $408,000
2018 $14,472 $1,245,000 $1,000,000 $245,000
2017 $8,091 $680,552 $512,311 $168,241
2016 $7,930 $667,209 $502,266 $164,943
2015 $7,900 $657,188 $494,722 $162,466
2014 $7,506 $644,316 $485,032 $159,284
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81689374

MLSListings

APN: 290-07-020